A House sub-committee is planning to grill accounting and auditing regulators in a hearing on Friday for some information on how they have responded to issues raised by the financial crisis.
The sub-committee of the House Financial Service Committee will hear from James Kroeker, chief accountant at the Securities and Exchange Commission, Robert Herz, chairman of the Financial Accounting Standards Board, and Daniel Goelzer, acting chairman of the Public Company Accounting Oversight Board. Kroeker’s and Goelzer’s prepared written remarks cover the gamut of current events in accounting and auditing issues and how the SEC, FASB, and PCAOB have responded.
